27 Delhi Metro Stations Ready for Solar Plants in Phase IV Updated On Fri, Mar 3rd, 2023 by Saurenergy Delhi Metro Rail Corporation (DMRC) is constructing 27 elevated metro stations under Phase IV to place solar plants in near future. Spaces will also be reserved for inverters, panels and other necessary solar equipment. Following the construction of the stations, rooftop solar plants would be set up depending on their alignment and exposure to sunlight, […] Read more
Essar Group to Invest $3.6 Billion in Energy Transition in UK, India Updated On Tue, Feb 28th, 2023 by Saurenergy Mumbai headquartered Essar Group has formed the Essar Energy Transition (EET) with the objective to invest a total of $3.6 billion in developing a range of low carbon energy transition projects over the next five years in India and the United Kingdom. Essar Group held that EET of the total investment, $2.4 billion will be […] Read more
As More States Define EV Policies, Consistency and Relevance Key To Impact-Climate Trends Updated On Fri, Feb 17th, 2023 by Saurenergy Enabling policies both at national and state level have made the environment conducive for e-mobility in India. The figures speak for themselves. Of the 36 states and Union Territories in the country, 26 have released EV policies over the last 5 years, with 16 of them being released between 2020 and 2022. A study by […] Read more
PFC’s Consolidated Profit Climbs 7% at Rs 5241 Cr in Dec Quarter Updated On Tue, Feb 14th, 2023 by Saurenergy State-owned non-banking financial firm Power Finance Corporation (PFC) has reported a 7% increase in its consolidated profit, standing at Rs 5,241.10 crore in December quarter. Higher revenues have contributed to this increase. PFC’s consolidated net profit was pegged at Rs 4,893.91 crore in FY22 October-December quarter. The cumulative income of the firm rose to Rs […] Read more
Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44% Updated On Tue, Feb 7th, 2023 by Saurenergy Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […] Read more
MP Govt Electric Utility Assigns Max Capacity (1000 KW) to Autosys Indore for 9.82 MW Rooftop Tender Updated On Mon, Feb 6th, 2023 by Saurenergy Madhya Pradesh Paschim Kshetra Vidvut Vitaran Company Limited (MPPKVVCL), a government electric utility firm had issued a tender for the design, supply, erection, testing, and commissioning including warranty, comprehensive operation an maintenance of grid-connected rooftop solar plant. This was for various capacities under Phase-II of grid connected rooftop solar scheme of MNRE in MPPKVVCL. The […] Read more
Goldi Solar Bags NHDC’s EPC Contract on 8 MW Solar Plant to be Set up in MP Updated On Mon, Feb 6th, 2023 by Saurenergy Gujarat-based Goldi Solar has been awarded a project for a tender issues by Narmada Hydro-electric Development Corporation Limited (NHDC). The project is for the design, EPC contract aimed at the development of 8 MW ground-mounted solar PV plant at Sanchi district at Raisen, Madhya Pradesh. The contract includes evacuation arrangement up to DISCOM substation along […] Read more
Sprng Energy Finally Gets Exit From 100 MW Wind Project At CERC Updated On Fri, Feb 3rd, 2023 by Saurenergy Sprng Wind Energy Private Limited, has finally received confirmation for termination of the power purchase agreement (PPA) signed with the Solar Energy Corporation of India (SECI). The project in question was a 100 mega-watt (MW) wind project planned in Dhar, Madhya Pradesh. While delays in the signing of the PPA, and subsequently, the covid pandemic […] Read more
Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps Updated On Thu, Feb 2nd, 2023 by Saurenergy Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […] Read more
